For a person who is resident in India, global income is taxable in India. For a non-resident, only income that accrues, ...

Waiting endlessly for your tax refund can test anyone's patience. The silver lining? The government compensates you with ...

Many people are receiving unexpected income tax notices questioning how they funded their land purchases. As the tax department has access to data related to property registrations, a simple mismatch ...

The Court condoned a 70-day delay in filing Form 10B, holding that the minor delay was justified and denying exemption under Section 11 would cause genuine ...

Ultimately, getting married - preferably after your children are out of college - makes financial sense as long as you make sure your legal and financial contract is as rock-solid as your (current) ...

New Delhi: If your savings account maintains a high balance despite low expenses, the Income Tax Department may ask you to ...

ITAT Delhi invalidated a reassessment under Sections 144/147, citing mechanical approval by authorities and incorrect statutory references. The ruling reinforces that higher authorities must apply ...

A Roth IRA is an individual retirement account that you fund with after-tax dollars. While you don't get a tax break now, your contributions and investment earnings grow tax-free.

After failing to meet the initial deadline to fully implement the devolution of additional government services and facilities last year, set by Executive Order (EO) No. 138, series of 2021, President ...